ETFs / DGRO
What If You Had Invested in DGRO 10 Years Ago?
iShares Core Dividend Growth ETF (DGRO) with real monthly prices, dividends reinvested, through November 2026.
DGRO $80.25 ▼ -2.77% last close, Nov 05, 2026
If you had invested $1,000 in DGRO in November 2016, today it would be worth
$3,543
Same $1,000 in the S&P 500 (SPY): $3,895
If you had put $500 a month into DGRO since November 2016, your $60,500 would be worth today
$121,704
Same plan in the S&P 500 (SPY): $128,888
More options in the What If calculator.
DGRO live price chart
DGRO returns by period
| Period | Total return | Per year | $1,000 became | SPY per year |
|---|---|---|---|---|
| Sep 15, 2026 | $0.3850 | +16.3% | ||
| Jun 15, 2026 | $0.3310 | +0.0% | ||
| Mar 17, 2026 | $0.3310 | -26.0% | ||
| Dec 16, 2025 | $0.4470 | +21.1% | ||
| Sep 16, 2025 | $0.3690 | +13.9% | ||
| Jun 16, 2025 | $0.3240 | +4.2% | ||
| Mar 18, 2025 | $0.3110 | -17.7% | ||
| Dec 17, 2024 | $0.3780 | -6.2% | ||
| Sep 25, 2024 | $0.4030 | +37.5% | ||
| Jun 11, 2024 | $0.2930 | -5.8% | ||
| Mar 21, 2024 | $0.3110 | -15.9% | ||
| Dec 20, 2023 | $0.3700 | — |
DGRO year by year
Best full year: 2019 (+29.9%). Worst: 2022 (-7.9%).
| Year | DGRO | SPY | What happened |
|---|---|---|---|
| 2026 (so far) | +17.2% | +8.3% | |
| 2025 | +15.7% | +17.7% | |
| 2024 | +16.6% | +24.9% | |
| 2023 | +10.5% | +26.2% | |
| 2022 | -7.9% | -18.2% | Dividend growers held up better than the broad market as rates rose. |
| 2021 | +26.6% | +28.7% | |
| 2020 | +9.5% | +18.3% | The COVID crash in February and March was one of the fastest falls on record, and the rebound by year end was just as fast. |
| 2019 | +29.9% | +31.2% | |
| 2018 | -2.4% | -4.6% | |
| 2017 | +23.0% | +21.7% | |
| 2016 | +14.5% | +12.0% | |
| 2015 | -0.7% | +1.2% |
DGRO: all at once or every month?
Take $12,000: all of it on day one, or $1,000 a month for a year. Across every starting month since 2014 (138 of them), the lump sum was ahead after 12 months in 111 (80%). That is lopsided: for DGRO, waiting to invest has usually cost money. The best case for monthly investing was a start in December 2021, when it finished the year 9% ahead.
Worst drop
DGRO's worst fall in this history was -21.9%, milder than the worst falls of most stock funds, from December 2019 to March 2020. It was back at the old high by November 2020, only 8 months after the bottom. $1,000 invested at that peak shrank to about $781 at the low.
DGRO dividends
DGRO paid $1.49 per share over the last 12 months, quarterly. At $80.25 that is 1.86%, a moderate yield. From 2020 to 2025 the yearly payout grew +7.1% a year, steadily. The yearly total fell in 2016.
| Year | Dividends / share | Change | Yield |
|---|---|---|---|
| 2025 | $1.45 | +4.8% | 2.09% |
| 2024 | $1.39 | +5.2% | 2.26% |
| 2023 | $1.32 | +12.7% | 2.45% |
| 2022 | $1.17 | +9.0% | 2.34% |
| 2021 | $1.07 | +4.1% | 1.93% |
| 2020 | $1.03 | +10.6% | 2.30% |
| 2019 | $0.93 | +14.8% | 2.21% |
| 2018 | $0.81 | +14.9% | 2.44% |
| 2017 | $0.71 | +41.8% | 2.03% |
| 2016 | $0.50 | -23.0% | 1.72% |
Yield = each year’s dividends divided by the price at the end of the year.
DGRO dividend history: last 12 payments
| Ex-dividend date | Amount | Change |
|---|---|---|
| Sep 15, 2026 | $0.3850 | +16.3% |
| Jun 15, 2026 | $0.3310 | +0.0% |
| Mar 17, 2026 | $0.3310 | -26.0% |
| Dec 16, 2025 | $0.4470 | +21.1% |
| Sep 16, 2025 | $0.3690 | +13.9% |
| Jun 16, 2025 | $0.3240 | +4.2% |
| Mar 18, 2025 | $0.3110 | -17.7% |
| Dec 17, 2024 | $0.3780 | -6.2% |
| Sep 25, 2024 | $0.4030 | +37.5% |
| Jun 11, 2024 | $0.2930 | -5.8% |
| Mar 21, 2024 | $0.3110 | -15.9% |
| Dec 20, 2023 | $0.3700 | — |
About DGRO
| Issuer | BlackRock (iShares) |
| Launched | June 2014 |
| Tracks | Morningstar US Dividend Growth |
| Expense ratio | 0.08% |
| Holdings | About 400 U.S. dividend growers |
Fund details as of 2025. Check the issuer for the current expense ratio and holdings.
DGRO holds companies with at least five years of dividend growth and a payout ratio low enough to keep growing, and it skips the highest yielders. It sits between VIG and SCHD: a little more yield than VIG, a broader list than SCHD.
Its five-year growth rule is shorter than VIG's ten, which lets in younger companies that have only recently started raising their dividends.
Questions about DGRO
How much would $10,000 invested in DGRO 10 years ago be worth today?
About $35,430 with dividends reinvested, invested at the November 2016 close: 254.3% in total, or 13.5% a year.
When does DGRO pay dividends?
In the last 12 months the payments went out in March, June, September and December, $1.49 per share in total.
Did DGRO beat the S&P 500?
No. Over the last 10 years it trailed by 1.1 percentage points a year: +13.5% a year for DGRO against +14.6% for SPY, dividends reinvested. Its worst fall was about the same as SPY's.